Does Scarcity Exacerbate the Tragedy of the Commons? Evidence from Fishers’ Experimental Responses
AbstractEconomic Experimental Games (EEGs), focused to analyze dilemmas associated with the use of common pool resources, have shown that individuals make extraction decisions that deviate from the suboptimal Nash equilibrium. However, few studies have analyzed whether these deviations towards the social optimum are affected as the stock of resource changes. Performing EEG with local fishermen, we test the hypothesis that the behavior of participants differs under a situation of abundance versus one of scarcity. Our findings show that under a situation of scarcity, players over-extract a given resource, and thus make decisions above the Nash equilibrium; in doing so, they obtain less profit, mine the others-regarding interest, and exacerbate the tragedy of the commons. This result challenges previous findings from the EEG literature. When individuals face abundance of a given resource, however, they deviate downward from the prediction of individualistic behavior. The phenomenon of private, inefficient overexploitation is corrected when management strategies are introduced into the game, something that underlines the importance of institutions.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by UNIVERSIDAD DE LOS ANDES-CEDE in its series DOCUMENTOS CEDE with number 006006.
Date of creation: 06 Nov 2009
Date of revision:
Contact details of provider:
Other versions of this item:
- Maldonado, Jorge Higinio & Moreno-Sanchez, Rocio del Pilar, 2009. "Does Scarcity Exacerbate the Tragedy of the Commons? Evidence from Fishers’ Experimental Responses," Documentos CEDE Series 91170, Universidad de Los Andes, Economics Department.
- Maldonado, Jorge Higinio & Moreno-Sanchez, Rocio del Pilar, 2008. "Does scarcity exacerbate the tragedy of the commons? Evidence from fishers’ experimental responses," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6528, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- D03 - Microeconomics - - General - - - Behavioral Economics; Underlying Principles
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Keser, Claudia, 1996. "Voluntary contributions to a public good when partial contribution is a dominant strategy," Economics Letters, Elsevier, vol. 50(3), pages 359-366, March.
- Pauly, D., 1990. "On Malthusian overfishing," Naga, The WorldFish Center, vol. 13(1), pages 3-4.
- Herr, Andrew & Gardner, Roy & Walker, James M., 1997. "An Experimental Study of Time-Independent and Time-Dependent Externalities in the Commons," Games and Economic Behavior, Elsevier, vol. 19(1), pages 77-96, April.
- Cardenas, Juan Camilo & Stranlund, John & Willis, Cleve, 2002.
"Economic inequality and burden-sharing in the provision of local environmental quality,"
Elsevier, vol. 40(3), pages 379-395, March.
- Juan-Camilo Cardenas & John Stranlund & Cleve Willis, 2002. "Economic inequality and burden-sharing in the provision of local environmental quality," Artefactual Field Experiments 00030, The Field Experiments Website.
- Gillet, Joris & Schram, Arthur & Sonnemans, Joep, 2009. "The tragedy of the commons revisited: The importance of group decision-making," Journal of Public Economics, Elsevier, vol. 93(5-6), pages 785-797, June.
- van Dijk, Frans & van Winden, Frans, 1997. "Dynamics of social ties and local public good provision," Journal of Public Economics, Elsevier, vol. 64(3), pages 323-341, June.
- Juan-Camilo Cardenas, 2004.
"Norms from outside and from inside: An experimental analysis on the governance of local ecosystems,"
Artefactual Field Experiments
00025, The Field Experiments Website.
- Cardenas, Juan-Camilo, 2004. "Norms from outside and from inside: an experimental analysis on the governance of local ecosystems," Forest Policy and Economics, Elsevier, vol. 6(3-4), pages 229-241, June.
- Bernal-Escobar, Adriana & Cuervo-Sánchez, Rafael & Pinzon-Trujillo, Gonzalo & Maldonado, Jorge H., 2013. "Glacier Melting and Retreat: Understanding the Perception of Agricultural Households That Face the Challenges of Climate Change," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149005, Agricultural and Applied Economics Association.
- Adriana Bernal Escobar & Rafael Cuervo & Gonzalo Pinzón Trujillo & Jorge H. Maldonado., 2013. "Derretimiento y Retroceso Glaciar: Entendiendo la Percepción de los Hogares Agrícolas que se Enfrentan a los Desafíos del Cambio Climático," DOCUMENTOS CEDE 010679, UNIVERSIDAD DE LOS ANDES-CEDE.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (UNIVERSIDAD DE LOS ANDES-CEDE).
If references are entirely missing, you can add them using this form.